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Casino Innovations: Market-Ready

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Casino Innovations: Market-Ready
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Every year the gaming industry prepares to unveil the latest trends and technologies at ICE Totally Gaming and G2E Las Vegas and Asia. As an example, in February 2018, casino developers were able to show a wide selection of innovations across international regions. These innovations help to cater all areas of land-based and interactive gaming.

New Products
One of the innovating products were the new cabinets that included 4K monitors, new single games, new game mixes, a variety of electronic table games that run on specific platforms, such as Novomatic Media Technology platform. These new cabinets, contain games that come from different cultures, such as From Dusk Till Dawn, Viking & Dragon and other new progressive games.

Among the newest products, there is also a compelling line-up of new cabinets, something like the Ainsworth products. These line-up products welcomes the player with games, such as Pac-Man Dynamic Edition, Pac-Man Wild Edition, Desert Dusk and others. The new technology displays also include progressive games similar to Hao Yun Dao. Several brands who made their debut included games like Fire Power and Raging Roosters Reloaded.

For the European region, casino developers, such as Novomatic, was present at ICE London with new games for the arcane and pub market. Novomatic is a well-known casino company in Europe. So it is natural to see a lot of development and innovations for the European market. As an example, for UK, Novomatic created themed products like Austin Powers, Batman and Sherlock Holmes. Meanwhile, for Germany, Lowen Entertainment had displayed new solutions. In addition, Novomatic Italia, Novomatic Netherlands and Novomatic Gaming Spain together with GiGames and showed their portfolio for Italy, the Netherlands and Spain.

Greentube, another casino developer company, was able to show its capabilities as well, by promoting a number of interactive products, such as Greentube Pro, a social gaming platform. In addition, from top performing land-based titles to an extensive portfolio of casino games, like Crazy Birds, Greentube was able to demonstrate that it is a capable full-service provider.

In other words, many companies, besides Novomatic, like Apex Gaming, Scientific Games and others, came with a comprehensive product portfolio. The range seems quite long, from high-end casino equipment, system and management solutions to the arcade and pub products, that can be played online, mobile and are social too. Some of the newer games can also be found on online casinos, like Admiral Casino Online.

Last Words
One of the CEOs, who is regularly present at these casino gatherings, Harald Neumann, the CEO of Novomatic AG. said that events such as ICE London, is a trade of showing appearance. Most of the companies still continue to prove themselves as a full-service provider. Some of the companies are among the world’s leading gaming technology groups, furthermore, specific honors are given away. The top companies get “Supplier of the Year” recognition and such. As an example, the Novomatic Group received an “Casino Supplier of the Year” credentials at ICE London 2018.

Neumann also added that companies grew a lot in the recent years because most companies were focused on innovations. In addition, in 2018, some of them focused more on increasing the synergies between the partner companies and, of course, more attention was added on the internal structures. And when an interview is just around the corner, most of CEOs remark that their company will continue to make improvements where needed, and work more into adding innovations for players and operators.

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Aspire Global Facing Pair of Legal Battles

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Prominent online gaming software and platform provider Aspire Global has been named as the defendant in a pair of court cases that could potentially result in it being ordered to pay compensation totaling up to €101 million ($109 million).

In the first complaint, Aspire Global is being sued in the United Kingdom by the founders of sports betting software, solutions and services provider BtoBet, Alessandro Fried and Igor Lestar, for €36 million ($39 million). This pair inked a deal in 2020 to sell their company to the Malta-based defendant in exchange for an upfront payment of some €20 million ($21.6 million) as well as an earn-out consideration tied to future earnings before tax.

However, Fried and Lestar through their Sousa Enterprises Limited and Eltsar Limited entities are alleging Aspire Global, which was last year acquired by NeoGames as part of a deal worth some €402.3 million ($423.5 million), violated the terms of this share purchase agreement by spending too little and not charging enough so as to deliberately decrease revenues and the subsequent earn-out sum.

The complex case with its many intricacies is not expected to go to trial before 2025 but could well result in Aspire Global being ordered to pay more than the €36 million headline figure. The financial implications are even more concerning as the defendant’s NeoGames parent is currently in the process of being acquired by Aristocrat in an arrangement valued at north of €1 billion.

In the United States and Aspire Global has also been separately named as the offender in an action brought by Ebet Incorporated, which is the operator of the Karamba, Griffon Casino, Hopa, Generation VIP, Scratch2Cash, Gogawi, Dansk 777 and Bet Target iGaming brands. This Nevada action is seeking some €65 million ($70 million) embracing compensatory damages, punitive fines and other financial penalties to be proven at trial and moreover names AG Communications and other affiliated entities as defendants.

Ebet Incorporated acquired specific business-to-consumer (B2C) assets and associated websites from Aspire Global in 2021 and simultaneously entered into a ‘white-label’ operator agreement embracing collaborative efforts on the future running of the purchased assets. The plaintiff is claiming the defendants breached these deals by manipulating their books to falsify and overstate active player data and exaggerate the health of the acquired properties.

As if this wasn’t bad enough, Aspire Global is furthermore being accused by Ebet Incorporated of violating the terms of the agreements by materially failing to maintain necessary operations in Germany, falsifying records and violating industry regulations. The allegations could potentially shape the future trajectories of these companies as they also run to reputational harm, fraud, breach of contract and other unnamed violations due to be proven during the course of the trial.

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PIN-UP Global Launches New Business Line Named PIN-UP.INVESTMENTS

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The international ecosystem PIN-UP Global, representing a set of businesses in various segments of the gaming industry, has launched a new business line named PIN-UP.INVESTMENTS.

PIN-UP.INVESTMENTS was created to stimulate the development of technologies and products for the gambling market and related industries by providing financial and expert resources, high-value industry contacts, the opportunity to enter new markets and integrate into the ecosystem.

PIN-UP.INVESTMENTS invests in projects and products in gambling, traffic, software development, customer service, payment systems, advertising platforms, arbitrage teams, artificial intelligence based products.

INVESTMENTS provides funding, training and consulting opportunities through in-house ecosystem experts, practice on PIN-UP product and business model testing, accelerated product growth and entry into new markets, access to a network of industry contacts, strategic planning support and possible integration into the ecosystem.

“PIN-UP.INVESTMENTS is a logical step for our ecosystem, which always supports the passion and drive to succeed. Our new direction is aimed to help projects and teams both to develop independently and to successfully integrate into PIN-UP Global. We believe in daring solutions and new technologies that can be effective,” Marina Ilyina, CEO of PIN-UP Global, said.

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Valley View Casino & Hotel Earns Prestigious Top Workplaces 2023 Award and Two National Awards by The San Diego Union-Tribune

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Valley View Casino & Hotel in San Diego has received the Annual Top Workplaces Award and national honours for “Employee Appreciation” and “Professional Development”, as presented by The San Diego Union-Tribune.

The accolades are the result of an engagement survey. With a 62% response rate and an 82% satisfaction rating, Valley View Casino & Hotel’s team members echoed their positive experiences within the organisation.

Joe Navarro, President and Chief Executive Officer of the San Pasqual Casino Development Group, said: “Our tribe has worked hard to create a trusted environment for team members and guests, and we are proud to be recognized with this prestigious award, as well as recognized nationally.”

Judy Wright, Vice President of Human Resources at Valley View, said: “Being recognized with the Top Workplaces Award and the two national awards validate all the best practices and benefits we’ve put in place for our team members over the past 22 years. It truly is an honor to receive this award and a privilege to work for a company as great as Valley View Casino & Hotel.”

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